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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > End of Month - February 2016
View:
Post by R_J_ on Feb 29, 2016 10:04pm

End of Month - February 2016

End of the Month (EOM) report for February 2016.
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AXY closed on 02/29/2016 at $O.450
AXY closed on 01/29/2016 at $O.455
AXY closed on 12/31/2015 at $O.460
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This is another 1.0%, half-cent, loss in February.
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S&P 500 Index, at 1932.2, lost 0.4% in February. [4.6% below its MA(200) @ 2025.7]
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Two Hundred Day Moving Average [MA(200)] stuff.
AXY's  MA(200) ended February at $O.441
AXY is now 2.0% above its MA(200).
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News Releases on the AXY Website in February.
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Feb 25, 2016    
Alterra Power Announces Release Date of Audited Results for the Year Ended December 31, 2015
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https://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2016/Alterra-Power-Announces-Release-Date-of-Audited-Results-for-the-Year-Ended-December-31-2015/default.aspx?print=1
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Feb 22, 2016    
Alterra Power Announces HS Orka's 2015 Annual Financial Results
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Milestone Achieved
Shannon – 204 MW wind project located in Clay County Texas - Operational on Dec 15.
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Next Milestone
Jimmie Creek – 62 MW hydroelectric project in British Columbia - Operational before Oct 2016.
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RJ
Comment by BoldForbes on Mar 01, 2016 1:11pm
The company has also released a new investor presentation on their website: https://www.alterrapower.ca/Investors/Presentations/default.aspx On page 6: Operating 757MW  15.7%; net interest 349MW Contructing 62MW 1.3%; net interest 32MW Development ~4,000MW (who knows the timing)  83% Total 4,819MW 100% It appears as if their is a ~8% increase in MW in the pipeline to be completed ...more  
Comment by Seldomseen on Mar 02, 2016 10:13am
This post has been removed in accordance with Community Policy
Comment by Seldomseen on Mar 04, 2016 9:57am
This post has been removed in accordance with Community Policy
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